Category C Colonies – Rs. Category D Colonies – Rs. Category B Colonies – Rs. Basant Lok DDA Complex Friends Colony The notification revising circle rates was a component in the proposal to have varying circle rates for flats in multi-storey buildings, depending on their location, said sources. The new circle rates of properties in Delhi will be 22% to 200% higher than earlier. East Patel Nagar 2011. 16,100 Per Square Meter 60. Since there were no circle rates in Delhi in 2001, the Valuation Report / Certificate will be needed to determine the cost of acquisition / fair market value of property. 2 BHK apartment for rent in Alaknanda. Civil Lines For buyers and sellers of property in Delhi, knowing circle rates is crucially important. For buyers and sellers of property in Delhi, knowing circle rates is crucially important. • Bank Loan : A report may be required by the Bank for sanctioning the home loan/ loan against property based on its valuation. Rajendra Place Pahar Ganj Category B Colonies – Rs. News; Views; PSUs; Banking; Books & Ideas; eGov; GN Connect; Events; Visionary Talks Series; Masterminds; Video; Delhi circle rates go up by 100 pc. 34,100 Per Square Meter To check black money in transactions the circle rates were revised in Nov 2012 by up to 200 per cent. The Delhi government had first introduced the circle rates for the real estate properties in Delhi in July 2007. Mayur Vihar 2709(No. Read more about Circle rates see manifold increase in national capital on Business Standard. Category E Colonies – Rs. Circle rate for valuation of land and properties for purpose of registration under the registration act,1908 in Delhi. At the same time, the top court also remarked that it did not expect the LG and the council of ministers to differ on such issues often. Madhuban Enclave However, we assume no responsibility for any errors, which might slip in during publication of this website. Delhi Government has again revised the circle rates of Delhi Region and the same will come into effect from Dec 5, 2012. Assumptions of any type for consideration of value shall not be entertained by the income tax department. Here’s the Complete Details of NEW CIRCLE RATES – Category wise. Category C Colonies – Rs. 370142/35 /2020-TPL] / SO 4805(E) 31 December 2020 [भागII—खण् ड 3(ii)] भारत का रािपत्र : असाधा� Usually, the New Delhi circle rates are reviewed annually, to keep them in line with the market rates. Rates increased for the first time since 2007 introduction. 2. Nehru Place 43,000 Per Square Meter 43,000 Per Square Meter Category B Colonies – Rs. We have compiled a comprehensive list of 2600+ colonies of Delhi covering their categories (A to H), Ward Names and Zones as per MCD database. Mukheree Park Extension Category F Colonies – Rs. Other story says that MCD has no power to penalise the defaulters of House Tax. Madhu Vihar 6,900 Per Square Meter, The Present Circle Rates of the Residential Properties in Eight Categories of Colonies in Delhi, New Delhi (Delhi, India), January 15, 2016. Category G Colonies – Rs. The stamp duty is normally payable on the transaction value but, to control the practice of under-reporting the value of a property at the time of registration, the circle rate was first notified in 2007 in Delhi. The rates were notified then to simplify the assessment of the Stamp Duty and bring in transparency, simplicity and efficiency in the … Circle rate hike fallout: Realty deals hit in Delhi People putting off property transactions as stamp duty goes up due to circle and market rates mismatch realestate Updated: Mar 28, 2013, 12:27 IST Notification regarding Delhi Stamp (Prevention of under-valuation of instrument),Rule,2007. Filter By Type. Usually, the properties in Delhi are registered at the circle rates. No. For Sale & For Rent . Jasola Vihar F-2(12)/Fin. How many floors are allowed in South Delhi? The Delhi government had first introduced the circle rates for the real estate properties in Delhi in July 2007. From July 18, 2007 to February 07, 2011, the circle rates of real estate properties in Delhi were: Category A Colonies – Rs. The new circle rates of properties in Delhi will be 22% to 200% higher than earlier. Ready reckoner rate (It is based on which stamp duty is collected from property buyers by the Stamps and Registration Department) The ready reckoner rate is also known as the circle rate. Circle rates, introduced in 2007, are revised periodically. Let's reshape it today, Hunt for the brightest engineers in India, Choose your reason below and click on the Report button. Category wise Circle Rate: Form 60: Procedure for Registration in e-Sub Registrar Office: Rates of Stamp Duty: Contact Us: Reschedule your appointment: Submit your Feedback for your experience at e-SR Office . The minimum rates at which the registration of property in a particular category area shall be done is given below. Daryaganj The Delhi Government had not published any circle rate in 2001. Delhi Chief Minister Sheila Dikshit chaired the Cabinet Meeting. From July 18, 2007 to February 07, 2011, the circle rates of real estate properties in Delhi were: Category A Colonies – Rs. Delhi Government Gazette ePublished onwards 01 May 2016 - Click here If you can see this, your browser doesn't understand IFRAME. The circle rate for agricultural land has been increased from Rs 53 lakhs per acre to Rs 2.25-5 crores per acre, depending upon the area. Revised circle rates in Delhi An increase in circle rates does not necessarily mean a proportionate hike in property prices realestate Updated: Mar 13, 2013, 12:10 IST At the same time, the top court also remarked that it did not expect the LG and the council of ministers to differ on such issues often. 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